Energizing America: A Blueprint for Deregulating the Electricity Market

Publication Date: September 2002

Publisher: Heritage Foundation (Washington, D.C.)

Author(s): Adam D. Thierer

Research Area: Energy

Keywords: Energy and environment

Type: Report

Abstract:

Although nearly every other economic sector of the U.S. economy has undergone significant deregulation, legislators have yet to tear down the regulatory walls that surround what is commonly referred to as "America's last regulated monopoly"--the electricity market. With the success of deregulation in aviation, trucking, natural gas, and telecommunications, ample evidence exists warranting the embrace of free markets for electricity. Consumers of electricity--both industrial and residential--stand to reap rich rewards from competition in this market, just as they have in other deregulated industries.